Overview of SSO contracts performance on Tuesday

28/11/2023 Argaam Special

Overview of SSO contracts performance on Tuesday

Tadawul trading screen


The Saudi Derivatives Market recorded no transactions on single stock options (SSOs) today, Nov. 28. 

 

Below is the performance of SSO contracts: 

 

SSOs Performance

Contract

Previous Close (SAR)

Daily Settlement Price (SAR)*

Change (SAR)*

Change %

Aramco

7.34

7.41

0.07

1%

stc

8.47

8.60

0.13

2%

Al Rajhi Bank

20.97

20.94

(0.03)

(0.1%)

SABIC

0.32

0.48

0.16

50%

*Based on settlement

 

The Saudi Exchange (Tadawul) introduced SSOs to the market on Nov. 27, as its latest financial derivatives product. 

  

SSOs grant their holders the right, but not the obligation, to sell or buy an underlying asset at a predetermined price and by a certain date. 

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